Directorate and management

Executive directors / committee

Michael Hankinson - CA(SA)

Executive Chairman

Appointed December 2009. Chairman of the Spar Group Limited. Non-executive director of Illovo Sugar Limited. Mike is a former chief executive of Dunlop Tyres International (Pty) Limited and Romatex Limited. Chairman of the remuneration/nomination committee.

Andrew Waller - CA (SA)

Executive Director and Group Financial Director

Appointed 1 March 2011. Director of local and international subsidiaries. Andrew was previously a partner of Deloitte & Touche for 15 years during which time he was responsible for a number of South African listed companies. He has four years service with the group.

David Polkinghorne - BCom; MA(OXON)

Executive Director

Managing director of Grindrod Bank Limited and executive director of all the Financial Services Division group companies. Director of companies and trustee of various charitable trusts and foundations. Chairman of the Grindrod Pension and Grindrod Provident Funds. David has been involved in the financial services sector for more than 25 years. He has had exposure to all areas of corporate and investment banking and, in particular, has extensive experience in commercial property finance, private equity and corporate finance. He has 16 years’ service with the group.

Martyn Wade - .

Executive Director

Appointed 16 November 2011. Director of major international subsidiary companies and UK Freight Demurrage & Defence Association (UK). Martyn has 37 years of international shipping experience and has worked for shipowners, operators and brokers in London, Johannesburg, New York and Singapore. Martyn was a member of the original Baltic Exchange for 10 years. He has six years service with the group.

Bongiwe Ntuli - CA(SA)

CEO - Freight Services

Director of major local subsidiary companies and associates, including Grindrod Bank, Grindrod (SA) Proprietary Limited, Oiltanking Grindrod Calulo Proprietary Limited and Röhlig-Grindrod Proprietary Limited. Bongiwe joined Freight Services in May 2008 as CFO after holding various positions within Anglo American. She was appointed to the Grindrod Executive as Executive Corporate Services in 2012 and as CEO Port, Terminals and Rail in 2014.

Non-executive directors

Nkululeko Sowazi - BA and MA (UCLA)

Lead Independent Non-Executive Director

Appointed 25 February 2014. Chairman on the board of Litha Healthcare Holdings and currently serves as a non-executive director on the boards of Idwala Industrial Holdings, Actom Holdings and Vanguard Group (Ghana). Previously served on the boards of Aveng Limited and Exxaro Resources Limited, inter alia. Nkululeko has over 15 years’ experience in investment management and has vast knowledge of and exposure to the mining, infrastructure and financial services sectors.

Hassen Adams - Pr Tech Eng (Civil Engineering)

Independent Non-Executive Director

Hassen is a consulting engineer and has diversified business interests in engineering project management, leisure, gaming and property developments. He is the executive chairman of Grand Parade Investment Limited.

Group executive chairman and founder of Calulo Investments Proprietary Limited and director of various Calulo group companies. Mkhuseli has extensive experience in the South African oil and logistics sectors and serves on the boards of Total South Africa and Rhodes University.

Petrus Johannes Uys - MSc (Engineering); MBA

Non-Executive Director

Director of major local and international companies and also serves on the Remgro Management Board. Pieter is a former CEO of Vodacom Limited.

Sandile Zungu - BSc (Mechanical Engineering); MBA

Independent Non-Executive Director

Appointed 15 December 2009. Executive chairman and founding member of Zungu Investments Proprietary Limited and chairman of EOH Holdings Limited. Sandile serves on the Presidential Advisory Council on Black Economic Empowerment and was a member of the World Economic Forum in his capacity as Young Global Leader.

Walter Geach - (Advocate); LLB; MCom; CA (SA); FCIS

Independent Non-Executive Director

Non-executive director of Grindrod Bank Limited. Walter is an Advocate of the High Court of South Africa and a senior professor at the University of the Western Cape. Walter’s areas of specialisation are financial accounting, taxation, corporate governance, business and financial services.

Raymond Ndlovu - B.Business Studies (Hons)

Alternate Non-Executive Director

Raymond holds a B. Business Studies (Honours) from the University of Zimbabwe and has 27 years' experience in various fields in the financial services industry. In 2013 Raymond joined Invenfin, the venture investment division of Remgro as an investment executive, before being re-assigned to Remgro in July 2015. He serves in a non-executive capacity on the boards of several Remgro investee companies and as an independent director of Strate Limited.

Gerhard Kotze - B Comm (Hons) CA (SA)

Alternate Non-Executive Director

Mr Kotze is a Managing Executive of Brimstone Investment Corporation. Mr Kotze joined Brimstone in July 2010. Mr Kotze previously spent six years at Nedbank Capital, three years of which he was Joint Head of the Corporate Finance division. Mr Kotze is a member of the South African Institute of Chartered Accountants and is based in Cape Town. Prior to Nedbank, he was employed in the Corporate Finance departments of Brait SA, Wipcapital and Anglo American Corporation of South Africa. *Gerhard Kotze is the Alternate Non-Executive Director to Mkhuseli Faku.

Appointed 1 January 2013. Non-executive director of Altron Limited, MTN Zakhele Limited, FirstRand Limited and Santam Limited. Grant has had extensive work experience with Deloitte & Touche, which spans over 26 years, and he served as chief executive from 2006 until his retirement from the firm in 2012.

Zola Malinga - CA (SA)

Independent Non-Executive Director

Appointed 24 October 2016. Non-executive director and a member of the audit committees and boards of Hospitality Property Fund Limited and Sasol Inzalo respectively and co-founder and executive director of Jade Capital Partners Proprietary Limited, an investment company founded in 2013. Zola was previously a director within the Real Estate Finance division of Standard and as a representative of Standard Bank, served on numerous boards of investee companies including, African Pioneer Limited, Matemeku Group and Imbewu Capital Partners. Zola’s professional experience is diverse and spans property finance & investments, audit, financial management, corporate finance, investment evaluation & management, corporate governance, stakeholder management, debt finance and equity finance.